Clean Energy (CLNE)

[DeepBlue1]

In my experience, this "incentive" usually ends up in the hands of the upper eschelon execs. It's a million shares of dilution no matter how you want to look at it.

It tells me that the execs don't think they're getting paid enough. Sound familiar?

It's also been my experience that once they start doing this, they keep doing it. It's just too easy and too lucrative for them to resist.

If you think they aren't getting paid enough already I guess you won't mind. I'd prefer to pay them in cash for performance on a year to year basis. And if they can't generate any cash then they don't get any more money.

I've just seen too many companies gutted with this tactic and I'm not going to stick around to watch.